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Provinces De L'Atlantique.pdf

HA-atl-0529-2012.pdf

🔗 Source: rbc.com

📊 Size: 45 KB

👤 Author: 769310244

⬇️ Downloads: 140

Summary

Housing affordability in Atlantic Canada remained steady in the first quarter of 2012, with the region being one of the most affordable in Canada, according to RBC Economics Research. The proportion of pre-tax household income needed to service the costs of owning a home at market value was relatively stable for all housing types, with measures rising 0.3 percentage points to 38.0% for a standard two-storey home and 0.1 percentage points to 32.7% for a detached bungalow. In contrast, housing affordability deteriorated in other parts of Canada, particularly in British Columbia and Ontario, due to rising home prices. RBC expects further challenges to housing affordability once interest rates rise, likely in the fourth quarter of 2012.

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Description

Housing affordability in Atlantic Canada remained steady in the first quarter of 2012, with the region being one of the most affordable in Canada, according to...

Technical Information

File Format: PDF
File Size: 45 KB
Pages: 4
Language: EN
Author: 769310244
Total Downloads: 140
Last Updated: 1 week ago

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